Robotic Process Automation (RPA) for Banking, Financial Services and Insurance
RPA in banking is a solution that can be implemented and scaled according to your company’s needs. It provides you with a powerful set of digital tools that will increase your productivity, while reducing the risk of error and the processing time for applications and claims. Whether it’s automation in the banking industry or automation in financial services, RPA will reduce the compliance backlogs and make process execution and operational efficiency faster than ever before.
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IBM® Robotic Process Automation (RPA) makes it possible to fully automate your back-office and front-office business processes and scale your automation as needed. As IBM’s top North American & India partner, Tangentia can help you implement and configure IBM’s enterprise-grade RPA solution to suit the individual needs of your enterprise and provide you with the training and support you need.
The primary goal of Robotic Process Automation in the banking industry is process automation in the banking sector. Automation in banking and financial services comes with a whole host of benefits, including high scalability, increased operational efficiency, improved accuracy, cost-effectiveness, risk and compliance reporting, and business growth.
INCREASE OPERATIONAL EFFICIENCY
INCREASE OPERATIONAL EFFICIENCY
Improve ERP system functionality by automating data collection, processing and sharing between applications and processes.
DECREASE
OPERATIONAL COSTS
DECREASE OPERATIONAL COSTS
Automate manual tasks that are prone to error and are costing your company time and money every month.
IMPROVE
ACCURACY
IMPROVE ACCURACY
Humans get tired and make mistakes. Our bots are available 24/7 and can increase your rate of accuracy by as much as 100%.
ACCELERATE
ONBOARDING
ACCELERATE ON-BOARDING
Automate the collection, assessment and verification of loan applications and insurance claims so processing takes just a few minutes
ENHANCE CUSTOMER SATISFACTION
ENHANCE CUSTOMER SATISFACTION
Get customers approval for their credit application or insurance claim faster with quick on-demand access to essential services.
ENSURE REGULATORY COMPLIANCE
ENSURE REGULATORY COMPLIANCE
Ensure you adhere to strict know-your-customer (KYC) & anti-money laundering (AML) regulations & meet all insurance industry standards & regulations.
What tasks can RPA solve for your banking, financial services and insurance?
- Customer verification
- Form processing
- Customer on-boarding
- Claims processing
- Data management between apps
- Account closure processing
- Loan processing
- Maintaining Compliance
Rapidly Implement Banking, Financial Services and Insurance RPA with Tangentia Automation
Tangentia is dedicated to helping your organization create automated systems that are designed to save time and money, while improving customer and employee experience.
BFSI institutions rely on their staff to meticulously carry out every day tasks, using up hundreds of human hours that could be spent on more productive tasks. With the need to streamline processes, many BFSI institutions are turning to RPA as a means of increasing efficiency and reducing costs.
Learn about the solutions available for your organization
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